CGC panel session live stream at COP30
- Date：Wed, Nov 12, 2025
- Time：20:15 – 21:15 JST (8:15-9:15 BRT)
- Location：Standards Pavilion at the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30), BLUE ZONE, PV-C86, Belém, Brazil.
- Organizer：
Center for Global Commons (CGC), Institute for Future Initiatives, University of Tokyo
- Language：
English, no Japanese translation
- Participation：
[Onsite]
Those who already have access to the COP30 Blue Zone, PV-C86 are allowed to participate.[Online]
To halt and reverse nature loss and strengthen economic and ecosystem resilience, a fundamental transformation of the economic system is required where natural capital is recognized as a driver for economic growth and an asset on our balance sheets. This balance sheet recognition is currently advancing too slowly as it requires deep scientific, technological, regulatory, political, and mental shifts.
For this recognition to become the new normal and guide investment decisions worldwide, critical enablers such as accounting, auditing, contracting, ratings, regulation, and national policies must align. Parallel to business efforts to integrate natural capital into their decision making, governments and regulators must promote a market infrastructure transformation by rewarding and incentivizing appropriate management of natural capital.
The Nature on the Balance Sheet Initiative is jointly led by the Center for Global Commons, Capitals Coalition, SYSTEMIQ, and The Landbanking Group.
To accelerate this transformation, curating movements in each enablers’ actions towards a shared goal of valuing natural capital in a standardized manner and integrating it at all levels of economic decision making is critical. Furthermore, the voices of Asia, Latin America, Africa and the Global South must be reflected in the process.
The Honourable Steven Guilbeault, Minister of Canadian Identity and Culture, and Minister responsible for Official Languages
Lieke Verhofstad, Global Strategic Relations & Partnerships, Rabobank
Mark Gough, CEO, Capitals Coalition
Naoko Ishii, Director, Center for Global Commons, Univ of Tokyo (Moderator)
The recorded video is now available on The University of Tokyo’s YouTube channel.
On November 12, 2025, the Center for Global Commons hosted a panel session live stream, at the Standards Pavilion during the 30th UN Climate Change Conference (COP30) in Belém, Brazil.
This session focused on Step 4 (Market pricing of natural capital assets and liabilities) and Step 5 (Codification and promotion of natural capital valuation) of the Nature on the Balance Sheet Initiative (NoBS)* implemented jointly by the Center for Global Commons and its international partners and discussed challenges and prospects for accelerating the process and roadmap. The panel discussion by experts introduced case studies including the Nature Strategy by the Canadian Government, the Green Finance Framework by the Chinese Government, and agricultural sector investments by Rabobank. The discussion demonstrated that international standardization and regulations are essential for incorporating natural capital valuation into decision-making and promoting investments. The session also underlined the importance of collaboration among a broad range of stakeholders (including regulators, policymakers, rating agencies, and investors) for accelerating the NoBS initiative.
(*For details on the NoBS initiative, please watch the CGC session at the COP30 Japan Pavilion.)
Speakers
Moderator
–ISHII Naoko (Professor and Director, Center for Global Commons, The University of Tokyo）
Panelists
–The Honourable Steven Guilbeault, Minister of Canadian Identity and Culture, and Minister responsible for Official Languages
–Ma Jun, Founder and President, Institute of Finance and Sustainability
–Lieke Verhofstad, Global Strategic Relations & Partnerships, Rabobank
–Mark Gough, CEO, Capitals Coalition